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DELAWARE 1930 Mavis Bottling Company of America Stock Certificate Pepsi Link
$ 12.14
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Description
The company was incorporated in Delaware in 1927.Dated May 20, 1931.
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Mavis Bottling Company of America was founded by Charles G. Guth, a Baltimore MD candy maker. He built eight plants across the country to produce a new chocolate drink called "Mavis". In 1929, Mavis was consolidated into another company he was involved with called Loft, Inc. Loft owned and operated 200 candy stores with soda fountains that purchased over 31,500 gallons of Coca-Cola syrup each year. After Coca-Cola refused to give him concessions on the sale of cola in his Loft stores, Guth started selling Pepsi. When Pepsi-Cola went bankrupt in June, 1931 (three months after issue of this certificate), he purchased Pepsi for ,500, turning it into a national brand.
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